PDMR & PCA Dealings

Solid State

03/11/2025 14:30

RNS Number : 9701F

Solid State PLC

03 November 2025

 

 

3 November 2025

 

Solid State plc

("Solid State", the "Group" or the "Company")

PDMR & PCA Dealings

 

The Company announces the following transactions undertaken by certain persons discharging managerial responsibilities ("PDMRs") and their persons closely associated.

Matthew Richards, Director, has undertaken the following dealings together with PCAs involving 'Bed and ISA' transactions:

 

Date
Nature of transaction
Number of ordinary shares
Price per share
30 October
Gift of Ordinary Shares by Matthew to his spouse Lynette Richards
12,200
Nil consideration
30 October
Sale of Ordinary Shares by Matthew from personal holding
36,600
164.9
30 October
Purchase of Ordinary Shares by Matthew into his ISA
12,200
165.0
30 October
Purchase of Ordinary Shares by Matthew's children into their ISAs
24,400
165.0
31 October
Sale of Ordinary Shares by Lynette Richards
12,200
164.9
31 October
Purchase of Ordinary Shares by Lynette Richards into ISA
12,200
165.0

 

Following the above transactions, Matthew's shareholding, including those held by his persons closely associated, remains unchanged.

Pete James, Group Finance Director, has undertaken the following dealings together with PCAs involving 'Bed and ISA' transactions:

 

Date
Nature of transaction
Number of ordinary shares
Share price p
30 October
Sale of Ordinary Shares by Pete James from personal holding
23,700
155.0
30 October
Purchase of Ordinary Shares by Pete into his ISA
12,061
155.25
31 October
Purchase of Ordinary Shares by Pete into his ISA
843
150.0
30 October
Purchase of Ordinary Shares by Pete's children into their ISAs
11,570
155.52
30 October
Sale of Ordinary Shares by Rosemary James
12,309
162.5
30 October
Purchase of Ordinary Shares by Rosemary James into her ISA
12,299
162.5

 

Following these transactions, Pete's shareholding, including those held by his persons closely associated, has increased to 155,149 Ordinary Shares.

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Peter James
2
Reason for the notification
a)
Position/status
Group Finance Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Solid State plc
b)
LEI
213800QUHS9QTN5T1P62
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
1) Sale of shares
2) Purchase of shares into ISA
c)
Price(s) and volume(s)
Transaction
Type
Price(s)
Volume(s)
1.
Sale of shares
155.0
23,700
2.
Purchase of shares into ISA
155.25
12,061
d)
Aggregated information
- Aggregated volume
- Price
1. N/A - single transaction
2. N/A - single transaction
e)
Date of the transaction
1. 30 October 2025
2. 30 October 2025
f)
Place of the transaction
1. London Stock Exchange - AIM
2. London Stock Exchange - AIM

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Peter James
2
Reason for the notification
a)
Position/status
Group Finance Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Solid State plc
b)
LEI
213800QUHS9QTN5T1P62
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Purchase of shares into ISA
c)
Price(s) and volume(s)
Type
Price(s)
Volume(s)
Purchase of shares into ISA
150
843
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
31 October 2025
f)
Place of the transaction
London Stock Exchange - AIM

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Rosemary James
2
Reason for the notification
a)
Position/status
Spouse and PCA of Pete James, Group Finance Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Solid State plc
b)
LEI
213800QUHS9QTN5T1P62
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
1) Sale of shares
2) Purchase of shares into ISA
c)
Price(s) and volume(s)
Transaction
Type
Price(s)
Volume(s)
1.
Sale of shares
162.5
12,309
2.
Purchase of shares into ISA
162.5
12,299
d)
Aggregated information
- Aggregated volume
- Price
1. N/A - single transaction
2. N/A - single transaction
e)
Date of the transaction
1. 30 October 2025
2. 30 October 2025
f)
Place of the transaction
1. London Stock Exchange - AIM
2. London Stock Exchange - AIM

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
William James
2
Reason for the notification
a)
Position/status
Son and PCA of Peter James, Group Finance Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Solid State plc
b)
LEI
213800QUHS9QTN5T1P62
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Purchase of shares into ISA
c)
Price(s) and volume(s)
Type
Price(s)
Volume(s)
Purchase of shares into ISA
155.52
5,786
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
30 October 2025
f)
Place of the transaction
London Stock Exchange - AIM

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Emily James
2
Reason for the notification
a)
Position/status
Daughter and PCA of Peter James, Group Finance Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Solid State plc
b)
LEI
213800QUHS9QTN5T1P62
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Purchase of shares into ISA
c)
Price(s) and volume(s)
Type
Price(s)
Volume(s)
Purchase of shares into ISA
155.52
5,784
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
30 October 2025
f)
Place of the transaction
London Stock Exchange - AIM

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Matthew Richards
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Solid State plc
b)
LEI
213800QUHS9QTN5T1P62
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
1. Gift of ordinary shares to spouse, Lynette Richards
2. Sale of shares
3. Purchase of shares into ISA
c)
Price(s) and volume(s)
Transaction
Type
Price(s)
Volume(s)
1.
Gift of ordinary shares to spouse
Nil
12,200
2.
Sale of shares by Matthew
164.9
36,600
3.
Purchase of shares into ISA
165
12,200
d)
Aggregated information
- Aggregated volume
- Price
1. N/A - single transaction
2. N/A - single transaction
3. N/A - single transaction
e)
Date of the transaction
1. 30 October 2025
2. 30 October 2025
3. 30 October 2025
f)
Place of the transaction
1. Outside a trading venue
2. London Stock Exchange - AIM
3. London Stock Exchange - AIM

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Lynette Richards
2
Reason for the notification
a)
Position/status
Spouse and PCA of Matthew Richards, Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Solid State plc
b)
LEI
213800QUHS9QTN5T1P62
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
1. Acquisition of shares from Matthew Richards via transfer for nil consideration
2. Sale of shares
3. Purchase of shares into ISA
c)
Price(s) and volume(s)
Transaction
Type
Price(s)
Volume(s)
1.
Gift of shares from Matthew Richards
Nil
12,200
2.
Sale of shares
164.9
12,200
3.
Purchase of shares into ISA
165p
12,200
d)
Aggregated information
- Aggregated volume
- Price
1. N/A - single transaction
2. N/A - single transaction
3. N/A - single transaction
e)
Date of the transaction
1. 30 October 2025
2. 31 October 2025
3. 31 October 2025
f)
Place of the transaction
1. Outside a trading venue
2. London Stock Exchange - AIM
3. London Stock Exchange - AIM

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Marcus Richards
2
Reason for the notification
a)
Position/status
Son and PCA of Matthew Richards, Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Solid State plc
b)
LEI
213800QUHS9QTN5T1P62
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Purchase of shares into ISA
c)
Price(s) and volume(s)
Type
Price(s)
Volume(s)
Purchase of shares into ISA
165
12,200
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
30 October 2025
f)
Place of the transaction
London Stock Exchange - AIM

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Henry Richards
2
Reason for the notification
a)
Position/status
Son and PCA of Matthew Richards, Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Solid State plc
b)
LEI
213800QUHS9QTN5T1P62
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Purchase of shares into ISA
c)
Price(s) and volume(s)
Type
Price(s)
Volume(s)
Purchase of shares into ISA
165
12,200
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
30 October 2025
f)
Place of the transaction
London Stock Exchange - AIM

 

For further information please contact:

 

Solid State plc
Gary Marsh - Chief Executive
Peter James - Group Finance Director
Via Walbrook
Cavendish Capital Markets Limited
(Nominated Adviser & Broker)
Adrian Hadden / Callum Davidson (Corporate Finance)
Jasper Berry / Tim Redfern (Sales / ECM)
020 7220 0500
Walbrook PR (Financial PR)
Tom Cooper / Nick Rome / Joe Walker
020 7933 8780
0797 122 1972
solidstate@walbrookpr.com

 

Analyst Research Reports: For further analyst information and research see the Solid State plc website: https://solidstateplc.com/research/

 

Notes to Editors:

Solid State plc (AIM: SOLI) is a leading value-added electronics group supplying industrial and defence markets with durable components, assemblies and manufactured systems for use in critical applications, with a particular emphasis on harsh operational environments. Solid State's products are found around the world, from the ocean floor and into space, ensuring the smooth operation of systems that augment our everyday lives.

The Company has a core focus on industrial and ruggedised computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays.

Operating through two divisions (Systems and Components) the Group thrives on complex engineering challenges, often requiring design-in support and component sourcing. Serving a wide range of industries, with a particular focus on defence, energy production, aerospace, environmental, oceanographic, industrial, robotics, medical, life sciences, and transportation, the Solid State trading brands have become synonymous with quality and reliability. The Group operates under the brands of Steatite, Solsta, Custom Power, Pacer, Active Silicon, Gateway and Durakool.

Solid State plc is headquartered in Redditch, UK, and employs over 400 people around the world. The business has seven production facilities in the UK and two in the USA. In total, including all office locations, the Group operates from 15 national and international sites.

Solid State was established in 1971 and admitted to AIM in June 1996.  The Group has grown organically and by acquisition - having made four acquisitions in the last four years.  

Take a look at the videos below for more insight into the Solid State Group.

Introduction to Solid State - https://youtu.be/1M_Q_B1mYic

Why invest in Solid State? - https://youtu.be/ShmTz6005ws

 

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